IconEdit2 TrueColor Icon Editor is an award-winning and powerful icon editor and maker. It supports ICO, ICL, NIL, EXE, DLL, GIF, TIFF, BMP and JPEG files for open/extract/convert to icons.
IconEdit2 icon editor will save your work in the following file formats : TrueColor, 256-color, or 16-color 48×48, 32×32 or 16×16 ICO, as well as GIF, TIFF, BMP or JPEG files.
Allows you to create and edit buddy icons for AOL Instant Messenger. You can paint, undo and redo, search for icons in your files and create new icons instantly by capturing screen areas. Contains a library of sample icons.
Free trial for Windows 9x/ME/NT4/200x/XP and Vista.